ENERGY
Bangchak earmarks B8bn for refinery makeover
- Published: 23/02/2012 at 02:42 AM
- Newspaper section: Business
Bangchak Petroleum Plc (BCP), the state majority-owned oil refinery, plans to invest 8 billion baht over the next eight years to upgrade its refining facilities, says president Anusorn Sangnimnuan.
The upgrade is aimed at increasing output by 20% to 120,000 barrels per day, which will allow better cost control.
"We plan to conduct an environmental impact assessment by mid-year. It will include our 15-megawatt gas-fired co-generation power plant," said Dr Anusorn.
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About the author
- Writer: Yuthana Praiwan
- Position: Business Reporter
